Quantum eMotion Announces Today the Beta-Release of QodeAI, Its AI-Powered Automation System

Rhea-AI Summary

Quantum eMotion Corp. announces the beta release of QodeAI, an AI-Powered Automation System designed to accelerate the deployment and adoption of its products in the Application Security market. QodeAI aims to capitalize on the projected growth of the market, valued at USD 7.09 Billion in 2022 and projected to reach USD 26.80 Billion by 2030 at a CAGR of 18%. The autonomous system will provide code generation, instructions, and interaction with systems and users, targeting companies that have licensed QeM's SDK and EaaS products, as well as casual users browsing the QeM website.

Montreal, Quebec--(Newsfile Corp. - January 16, 2024) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) ("QeM" or the "Company"), a pioneering force in classical and quantum cybersecurity solutions, proudly announces the beta release of its AI-Powered Automation System, named QodeAI, a new development tool, designed to accelerate the deployment of QeM's main products and accelerate the deployment and adoption among customers and Partners.

QodeAI, like the majority of QeM's products, is targeted to the Application Security market, which was valued at USD 7.09 Billion in 2022, projected to reach USD 26.80 Billion by 2030 at a Compound Annual Growth Rate (CAGR) of 18 %.

QodeAI is an autonomous system capable of code generation, instructions and interaction with systems and users. In its simplest form, QodeAI will respond to queries on the general subject of Application Security, providing instruction and advice in this complex field. It is primarily intended for companies that have licensed QeM's SDK (Software Development Kit) and EaaS (Entropy as a Service) products to enhance the security of their applications. QodeAI will also be available for casual users browsing the QeM website, wanting to know more about QeM products or generally making inquiries about Application Security.

Powered by Microsoft Azure Cognitive Services and designed to be compatible with widely used Integrated Development Environments (IDEs) such as Microsoft Visual Studio Enterprise, QodeAI encapsulates a wealth of information on cryptography, able to deliver instructions to guide developers on how to secure their applications utilizing QeM's quantum-powered entropy sources, cryptographic API's and high-power code generators.

Larry Moore, CTO of QeM, said: "QodeAI is a powerful and adaptable tool that is valuable for companies seeking to enhance the security of their APPS by leveraging QeM's technologies into their products. Its combination of user-friendly guidance, code automation, and integration capabilities make it a standout developer solution in the application security landscape."

Francis Bellido, CEO of QeM, conveyed great excitement about this advancement, declaring, "We are thrilled to adopt AI technologies and fully leverage the advantages of artificial intelligence to enhance the functionality and breadth of our secure communication platform. Envisioned as a support tool for developers, QodeAI is expected to evolve into a significant source of revenue for QeM, especially when employed as a Partner Support Tool."

About QeM

The Company's mission is to address the growing demand for affordable hardware security for connected devices. The patented solution for a Quantum Random Number Generator exploits the built-in unpredictability of quantum mechanics and promises to provide enhanced security for protecting high-value assets and critical systems.

The Company intends to target highly valued Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security Infrastructure, Classified Government Networks and Communication Systems, Secure Device Keying (IOT, Automotive, Consumer Electronics) and Quantum Cryptography.

For further information, please contact:

Francis Bellido, Chief Executive Officer
Tel: 514.956.2525
Email: info@quantumemotion.com
Website: www.quantumemotion.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Corporation's periodic reports including the annual report or in the filings made by Quantum from time to time with securities regulatory authorities.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/194359

FAQ

What is the name of the AI-Powered Automation System released by Quantum eMotion Corp.?

The AI-Powered Automation System released by Quantum eMotion Corp. is named QodeAI.

What is the ticker symbol for Quantum eMotion Corp. on the OTC market?

The ticker symbol for Quantum eMotion Corp. on the OTC market is QNCCF.

What market is QodeAI targeted towards?

QodeAI is targeted towards the Application Security market.

What was the value of the Application Security market in 2022?

The Application Security market was valued at USD 7.09 Billion in 2022.

What is the projected value of the Application Security market by 2030?

The Application Security market is projected to reach USD 26.80 Billion by 2030.

What is the Compound Annual Growth Rate (CAGR) of the Application Security market?

The Compound Annual Growth Rate (CAGR) of the Application Security market is 18%.

Who is the target audience for QodeAI?

The target audience for QodeAI includes companies that have licensed QeM's SDK and EaaS products, as well as casual users browsing the QeM website.